Amcor, Ampac, and Bemis are three key vendors highlighted in a new Technavio report
London, 23 September 2015 – Technavio has published a new report on the global retort pouches market, which is expected to grow at a CAGR of close to 8% from 2015-2019.
Retort pouches market segmentation including packaging application and geography
Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different packaging applications, including non-pet food packaging and pet food packaging.
Additionally, analysts have segmented market projections by key geography, focusing on the APAC, Europe, North America, and ROW.
“The introduction of single-serve and small-sized pouches are rapidly gaining popularity in the food and beverage packaging industry because of their convenience. These pouches provide huge opportunities to packaging manufacturers of baby food, yogurt, sports drinks, and other consumer goods to gain larger market shares,” says Faisal Ghaus, Vice President of Technavio.
Retort pouches: Market scope and calculation of market size
This report covers the present scenario and growth prospects for the global retort pouches market from 2015-2019. To calculate the market size in terms of revenue, we have used the revenue generated from the sale of retort pouches in different regions, and in terms of volume, we have considered the consumption use of retort pouches for their different packaging applications.
Industry analysis includes:
- Floeter India
Market Growth Drivers:
- Introduction of value-added features
- Supply chain efficiency
- Intense competition from other forms of packaging
- Increase in raw material prices
- Growing adoption of single-serve and small-sized pouches
- Use of high-barrier flexible packaging material
View the global retort pouches market report.